Get Cut Off Like Namond Brice Brehs ::Memphis Bleek Is No Longer A Millionaire, Files For Bankruptcy

[louisvandross]

his wife dont work?

fukk that bytch better chip in

Get Married Brehs

 

[director_of_bands]

doesn't he hypeman for Jayz when he's on tour? that can't be for free

 

[HARLEM AL]

Not really. Because whenever these black artist claim bankruptcy, it's after years of flossing and saying how rich you are

Yeah because only black artist do that...

I'm going to need you to fall on something sharp!

 

[N711oir]

Not to on a mans misfortune

But how do you have two close friends from same neighborhood

Yet so different outcomes

Ambition is a mutha f*cka

"I will not lose"

 

[CrimsonTider]

Not surprised.

A lot of rappers are getting/going to get found out how broke they are and how they just flossing for show

He wasn't flossing

I don't roc with anyone down wit' J but even I hope this is fake.

You a hater

owe 24K dollars on a car worth 14K brehs

Must have had bad credit and got high interest rate

I figured he would eventually be in trouble when Jay and most big rappers stopped using hype men.

This was his primary revenue stream and it's what Jay was referring to on Diamonds

Kanye made it uncool for big rappers to have hype men

it ain't about what you believe... it's about what you can prove


all the judge can do is send out the federal money men, to go through your finances, assets and job pay.... from there they will determine how much you are worth... then they will add up all the debt you owe..


if the debt you owe, is a lot greater than what you are worth, you are bankrupt.

people clown 50... the judge said in plain english, you are worth 20 million something... but he owes 30 million... so is he broke??? fukk no... he's got 20 million worth of assets




and none of this accounts for your man's letting you hold 10 milly off the books... money you made off the books... assets in family members names that really yours... etc etc.. unless you did this shyt blatantly right before you filed, who's to say you didn't buy your mom a 10 million dollar home 5 years ago.... yea you live there... but it's in HER name... that's HER assets... not yours



then there's also different kinds

• Chapter 7. Liquidation Under the Bankruptcy Code
• Chapter 9. Municipality Bankruptcy
• Chapter 11. Reorganization Under the Bankruptcy Code
• Chapter 12. Family Farmer Bankruptcy or Family Fisherman Bankruptcy
• Chapter 13. Individual Debt Adjustment
• Chapter 15. Ancillary and Other Cross-Border Cases
  
  
  

Chapter 7 is the one you don't want... when they start selling off everything you own and shyt


most of the people file 11 or 13.... which just allows the court to lower what you owe and put you on a payment plan... it's really not that serious​

Your credit gets fukked in return

 

[Scientific Playa]

Anybody that really believes that Bleek is broke is a fool. He's doing this to not pay something.

And anybody that really thinks Hov would have Bleek out here broke is an even bigger fool

It's the Roc u b*stards!

that may be entirely true but it still shades the Roc Nation brand name. potential clients wanna know they're signing with an organization that will takes care of their clients and leads them to successful futures.

Get Low Records - Wikipedia, the free encyclopedia

 

[JordanWearinThe45]

that may be entirely true but it still shades the Roc Nation brand name. potential clients wanna know they're signing with an organization that will takes care of their clients and leads them to successful futures.

Get Low Records - Wikipedia, the free encyclopedia

No potential client of Roc Nation gives a fukk about MEMPHIS BLEEKS money woes lmao.

 

[Scientific Playa]

No potential client of Roc Nation gives a fukk about MEMPHIS BLEEKS money woes lmao.

believe that if you want to. astute folks are gonna know about the track record of an outfit and how it handled or didn't handle an high profile friendship and business relationship.

folks do this googles and reviews these days that are at our fingertips.

 

[Jimmy ValenTime]

he could just gave the guy a job at roc nation doing something if he didn't want to give bleek a hand out

bleek was like the most loyal guy to jay

 

[cornercommission2k12]

I really don't like how when ever it's a black athlete or entertainer their business gets put out there openly for the public

 

[Romell]

Bleek text Envy on the Breakfast Club and said this was a fake story, but y'all go head.

 

[duckbutta]

So I guess he NOT in his will somewhere

 

[Firefly]

He was just on Taxstone talking big shyt...........Guess it really was all good just a week ago.

 

[Robbie3000]

The rap game is such a facade. Every time someone declares bankruptcy, we get insight into just how highly exaggerated their paper really is.

 

[Still FloW]

Didn't Jay say...

"Bleek could be one hit away his whole career/As long as I'm alive, he's a millionaire/And even if I die, he's in my will somewhere/So he can just kick back and chill somewhere, oh yeah/He don't even have to write rhymes."


Funny how time changes things....

LMAOOO camL juuged the nikka